are you evil ignore bots thinking democracy is about ignoring what the majority think, feel and want?
ignoring the very people you are supposed to work things out with makes you fucking failed idiots
are you evil ignore bots thinking democracy is about ignoring what the majority think, feel and want?
I don't want to work things out with you anymore than you want to work them out with me.
The difference between us is that I am content to let you believe what you want. I am not hell bent on changing your mind.
You apparently think you have been put on this earth to bring people around to your way of thinking.
What you fail to realize is that you are considered a joke by just about everyone and they laugh at you and about you behind your back.
ignoring demographics will be the death of your stupid
cancel2 2022 (03-19-2016)
evince (03-19-2016)
SEC Votes for Final Rules Defining How Banks Can Be Securities Brokers
Eight Years After Passage of the Gramm-Leach-Bliley Act, Key Provisions Will Now Be Implemented
FOR IMMEDIATE RELEASE
2007-190
Washington, D.C., Sept. 19, 2007 - Ending eight years of stalled negotiations and impasse, the Commission today voted to adopt, jointly with the Board of Governors of the Federal Reserve System (Board), new rules that will finally implement the bank broker provisions of the Gramm-Leach-Bliley Act of 1999. The Board will consider these final rules at its Sept. 24, 2007 meeting. The Commission and the Board consulted with and sought the concurrence of the Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, and Office of Thrift Supervision.
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S.E.C. Concedes Oversight Flaws Fueled Collapse
By STEPHEN LABATONSEPT. 26, 2008
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WASHINGTON — The chairman of the Securities and Exchange Commission, a longtime proponent of deregulation, acknowledged on Friday that failures in a voluntary supervision program for Wall Street’s largest investment banks had contributed to the global financial crisis, and he abruptly shut the program down.
The S.E.C.’s oversight responsibilities will largely shift to the Federal Reserve, though the commission will continue to oversee the brokerage units of investment banks.
Also Friday, the S.E.C.’s inspector general released a report strongly criticizing the agency’s performance in monitoring Bear Stearns before it collapsed in March. Christopher Cox, the commission chairman, said he agreed that the oversight program was “fundamentally flawed from the beginning.”
“The last six months have made it abundantly clear that voluntary regulation does not work,” he said in a statement. The program “was fundamentally flawed from the beginning, because investment banks could opt in or out of supervision voluntarily. The fact that investment bank holding companies could withdraw from this voluntary supervision at their discretion diminished the perceived mandate” of the program, and “weakened its effectiveness,” he added.
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